Islamic home finance for self-employed borrowers

Alt Doc on Ijaar Crescent

• ABN held for at least 1 year, plus 2 years' industry experience
• A signed self-employed income declaration
• Income evidence: an accountant's letter with 1 month of business statements, 12 months of BAS, or 12 months of business statements (or two of: accountant's letter, 6 months of BAS, 6 months of business statements)
• Up to 80% LVR (60% for regional properties), terms up to 30 years
• Buying or refinancing a home; not for construction

Full Doc for self-employed

Ijaar Crescent Full Doc: ABN held for 24 months in the same business, usually with two years of financials. Ijaar Star also offers Full Doc for self-employed customers; your broker will confirm the documents.

Using your company's income

On Ijaar Crescent, a business owner's company income can count towards servicing their home finance, assessed at the company tax rate. A company guarantee may be required.

Who it suits

Sole traders, contractors, consultants and business owners, including newer businesses with a 12-month ABN.